Zscaler - ZS Stock Forecast, Price & News

38 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last twelve months. There are currently 1 sell rating, 9 hold ratings, 27 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZS shares.
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38 brokerages have issued twelve-month target prices for Zscaler's stock. Their ZS share price forecasts range from $135.00 to $330.00. On average, they anticipate the company's stock price to reach $205.97 in the next year. This suggests a possible upside of 76.8% from the stock's current price.
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Zscaler's stock was trading at $321.33 at the beginning of 2022. Since then, ZS stock has decreased by 63.7% and is now trading at $116.52.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our ZS earnings forecast.

Zscaler, Inc. (NASDAQ:ZS) posted its earnings results on Thursday, September, 8th. The company reported ($0.40) earnings per share for the quarter, topping analysts' consensus estimates of ($0.63) by $0.23. The firm earned $318.06 million during the quarter, compared to the consensus estimate of $305.54 million. Zscaler had a negative trailing twelve-month return on equity of 53.23% and a negative net margin of 30.23%. The firm's quarterly revenue was up 61.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.48) EPS.

Zscaler issued an update on its FY23 earnings guidance on Thursday, December, 1st. The company provided EPS guidance of $1.23-$1.25 for the period, compared to the consensus earnings per share estimate of $1.17. The company issued revenue guidance of $1.525-$1.530 billion, compared to the consensus revenue estimate of $1.50 billion.

684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD).

(ZS) raised $110 million in an IPO on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.55%), Artisan Partners Limited Partnership (1.30%), First Trust Advisors LP (1.06%), Citadel Advisors LLC (0.00%), Nuveen Asset Management LLC (0.75%) and Jane Street Group LLC (0.00%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman.
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Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ZS stock can currently be purchased for approximately $116.52.

Zscaler (NASDAQ:ZS) has a market capitalization of $16.80 billion and generates $1.09 billion in revenue each year. The company earns $-390,280,000.00 in net income (profit) each year or ($2.60) on an earnings per share basis.

The company employs 4,975 workers across the globe.

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com.